California Statutes
§ 10509.970. — 10509.970. (Added by Stats. 1996, Ch. 1106, Sec. 2.)
California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 5.6. CHAPTER 5.6. Life Insurance Cost Indexes
It is the purpose of this chapter to assure prospective purchasers of life insurance that, when a presentation is made showing or comparing the cost of life insurance over a period of years which does not recognize the time value of money, it shall be accompanied by a presentation which recognizes the time value of money.
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California § 10509.970. (10509.970. (Added by Stats. 1996, Ch. 1106, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1996, Ch. 1106, Sec. 2. Effective January 1, 1997.